Chavez Threatens Nationalization of Farms, Banks

In a worrisome Stalinist development in Venezuela, Hugo Chavez is threatening to nationalize any banks that don't give low-interest loans to farmers and also any farms that attempt to sell products abroad rather than selling at cheaper prices in the country.

If Chavez isn't replaced soon (and I don't know how that happens without force), Venezuelans will soon know what life is like in Cuba - empty shelves, widespread poverty, no middle class and no private businesses.